Indostar Capital Finance on 19 June 2018 subscribed 3,50,00,000 equity shares of face value Rs 10 each issued by IndoStar Home Finance, wholly-owned subsidiary of the Company ('IHFPL') on Right Issue basis at par, wherein Rs 5 (Rupees Five only) per equity share aggregating to Rs 17,50,00,000 was paid towards application money and balance amount shall be paid in one or more tranches, as and when calls are made by the Board of Directors of IHFPL.
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